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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  IDP Education Limited    IEL   AU000000IEL5

IDP EDUCATION LIMITED

(IEL)
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IDP Education : Update on Education Australia Shareholding in IELOpens in a new Window

10/14/2020 | 05:46pm EST

IDP Education Ltd

ABN 59 117 676 463

Level 8, 535 Bourke Street

Melbourne VIC 3000

Tel 61 3 9612 4400

Fax 61 3 9614 0534

Date: 15th October 2020

Update on Education Australia Shareholding

Education Australia Limited ("EA") has advised IDP Education Limited ("IDP") that it is undertaking a consultation process with its 38 university shareholders which may lead to consideration of options to realise capital for EA shareholders.

The impact of COVID-19 has presented EA shareholders with material financial challenges, and the investment in IDP represents a potential source of capital for a number of the university shareholders.

IDP will continue to keep the market informed in accordance with its continuous disclosure obligations.

*Ends*

IDP EDUCATION LIMITED

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Disclaimer

Idp Education Ltd. published this content on 15 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2020 21:44:01 UTC


© Publicnow 2020
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Sales 2021 548 M 406 M 406 M
Net income 2021 52,4 M 38,8 M 38,8 M
Net cash 2021 257 M 190 M 190 M
P/E ratio 2021 142x
Yield 2021 0,37%
Capitalization 6 909 M 5 108 M 5 114 M
EV / Sales 2021 12,1x
EV / Sales 2022 8,29x
Nbr of Employees 1 684
Free-Float 59,2%
Chart IDP EDUCATION LIMITED
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Technical analysis trends IDP EDUCATION LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 21,28 AUD
Last Close Price 24,88 AUD
Spread / Highest target 0,86%
Spread / Average Target -14,5%
Spread / Lowest Target -39,8%
EPS Revisions
Managers
NameTitle
Andrew Barkla Chief Executive Officer, MD & Executive Director
Peter Leith Polson Chairman
Harmeet Pental Chief Operating Officer
Murray Walton Chief Financial Officer & Secretary
Gregory C. West Non-Executive Director
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